s 38B Interpretation of this Part
38B. In this Part —[Deleted by Act 24 of 2025 wef 06/05/2026] [Deleted by Act 24 of 2025 wef 06/05/2026] [Deleted by Act 24 of 2025 wef 06/05/2026] “AML/CFT/CPF requirements” or “Anti‑Money Laundering and Countering the Financing of Terrorism and Proliferation Financing requirements” means the prescribed requirements relating to the detection and prevention of money laundering, the financing of terrorism or proliferation financing by public accountants and accounting entities;[Act 24 of 2025 wef 06/05/2026] “AML/CFT/CPF requirements review” means a review to determine the compliance with any AML/CFT/CPF requirement by an accounting entity and any of its individual practitioners;[Act 24 of 2025 wef 06/05/2026] “entity reviewer” means any individual who is appointed by the Oversight Committee under section 38E to carry out a quality control standards review or an AML/CFT/CPF requirements review;[Act 24 of 2025 wef 06/05/2026] [Deleted by Act 24 of 2025 wef 06/05/2026] “Oversight Committee’s quality control standards assessment framework” means the assessment framework of the Oversight Committee to determine the extent of an accounting entity’s compliance with the quality control standards; “quality control standards” means the standards, methods or procedures on quality control that are prescribed by the Authority or the Oversight Committee to be applied by an accounting entity when providing public accountancy services; “quality control standards review” means a review to determine the compliance with any quality control standards by an accounting entity.[Act 32 of 2022 wef 01/07/2023]